Deltix Launches Hosted High Frequency Quant Trading Solution

Tuesday, March 29, 2011 at 2:31PM

Deltix, Inc. today announced the launch of a readily-available hosted platform for multi-asset systematic trading, using the Deltix product suite. The solution, hosted by Investment Technology Group (ITG), offers low latency real-time market data and execution connectivity to global trading destinations. The Deltix product suite, comprising QuantServer™ and QuantOffice™, provides software for the creation, back-testing, optimization of trading strategies and their deployment for production trading. The solution encompasses equities, futures and options.

Bob Fitzsimmons, Managing Director and head of ITG’s derivatives business commented, “We are very pleased Deltix has written to our open and robust API.  Based on our proven technology for market data and trading execution connectivity, the Deltix platform will offer clients the ability to create and deploy trading strategies, thereby allowing them to focus on their core competencies and reducing their time to market from idea origination to trading.”

Ilya Gorelik, CEO and Founder of Deltix said, “We are very pleased to be collaborating with ITG. By providing both the infrastructure and software required for advanced alpha generation and execution of trading strategies, our clients will benefit from a ready-made solution. QuantOffice™ will provide our clients with advanced research capabilities whilst QuantServer™ will allow them to promote tested and optimized alpha generation and execution strategies to production trading.”